Nov 11, 2012 2:00am EST
about the bridge tollburrcrat necessary washington dc wreaking our energy supply. i believe in the natural gas revolution . it is 10 percent of our energy supply here in the united states and creating two million jobs and germany is afraid of how powerful our natural gas energy is. i hope that reduces the discomfort. >> victoria. is natural gas green enoug for the president. it is a fossil fuel . >> not as clean as bird cleaning windows. the president doesn't want high gras -- gas prices. i am not worried about spiking gas prices. what will increase gas prices is turmoil in the middle east and demand from t u.s. consumer . we are not in recovery mde. and so we are certainly not going to see large spikes in gas prices. >> rick, we have to remember it was the president's energy czar said maybe higher gas prices would b good for the world. >> yeah, never going to let him forget that. have i er told you how smart emac is when her head is screwed on crosscourtly. she had it right. there is it a report out this week that shows initial gas will triple over the next couple of years.
Nov 18, 2012 2:00am EST
'll spring up. >> rick? >> it's very interesting. most of the chatter that i'm hearing out of washington is really focusing more on reducing the corporate tax rates. david, as you pointed out, the president supporting that idea. look, i only hear one sector really complaining right now about this and that's the eney sector. they're not worrying about their taxes going u they're worrying about their subsidies being cut. they're using it as a piece of blackmail to say may, if you cut our subsidy, we're going to move jobs. you know what? enough already. you can afford to do -- >> there were other companies. the problem is there are a lot of other companieworried about this. one of which is apple which has about $120 billion, about half of that money is overseas where it's not doing us any good. >> david, i think you just hit the nail on the head. that's the biggest problem is the repatriation of earnings of u.s. subsidiaries overseas. they're keeping that cash there because we're one of the very few countries that does double taxation of profits. first they get taxed overseas and then we t